RE: RE: RE: dividendHave you thought of buying half of your intended position prior to the 17th ? The share price is already priced in for a dividend cut. It could go 3 ways. Not that smart saying this but...
1- If dividend is not cut and results are good, share price will shot up and you might miss getting in
2- If dividend is cut as expected for some time, share price should stabilize or move slightly either way depending on cut size.
3- If dividend is dramatically cut or results are much worse than expected, we could see a lot of people dumping the stock. Then, depending on management action plan and/or size of share price drop, it could become another good entry point. If not, then you don't have more than half your initial allocated amount.
This is why I'm saying half now and then another half after the results.
Disclosure: Important position in SPB, bought many times, sold a few. I've been collecting dividends for close to 2 yrs now. I'm also dripping the div. I expect the div cut and can live with it. I've been pretty fortunate with holding on tight when everyone else is getting out of a stock making div cuts. It's matter of getting in slowly and making choices when to partly get out. I like to trade at a discount price and try to get a good position almost free. Then I keep it for a long time...
Good luck.